SELL your gold and silver if you think we are headed for an economic collapse. Don´t buy, here´s why.

During the collapse, the standard for trade would be services, food, cigs, liquor, and vegetable seeds...

It is not wise to take gold after the collapse. The reason is that the Government will confiscate all precious metals like they did back in the 1930's...

The new currency will be a digital currency that is more flexible than a Gold backed currency. The reason why a digital currency would be chosen is that all transactions can be tracked and traced....

If there is still a Government, after the collapse, then they would buy the properties at pennies on the dollar. The Government, whether local or federal, could either sell these homes or turn them into affordable housing and collect rent from people. If the people are able to work and are on Government assistance, then I could see either big business stepping in or the Government stepping in to supply jobs for the people in the affordable housing community/town. Think of it like a mining town where the coal company owns the homes and the people work for their rent and food. The Government could do the same thing by re-instituting the "CCC's" to offset the affordable housing costs....

[link to livingnewdeal.org (secure)]

Last Edited by DuckNCover on 09/01/2016 09:32 PM

Federal reserve notes will be almost useless. You could start a fire with it...

What might be worth something is coin money. Preferably USA coinage. Foreign coinage would be good when a recovery takes place. Unless that foreign coinage went belly up too...

If the collapse goes on for years, then towns and communities will start smelting and printing their own money. If that happens, then gold bullion might come in very handy...

One problem, with that plan of action. Why did gold, silver, and copper become so valued. Who said they were valuable in the first place. Romans traded w/ SALT. What's the practical aplication of salt? Check out what colodial silver, gold, platnom. Water is the most valuabe item. So you have whatever, vs "MY" water. I'll wait 2 days you'll give your right nipple for a gallon. Hence Frack all the false materialistic ideology, and share. Read, communicate, and maybe we all could see the problem for what it is. Greed.

Exactly, whatever the market will bare. Be it water, salt, or food....

One problem, with that plan of action. Why did gold, silver, and copper become so valued. Who said they were valuable in the first place. Romans traded w/ SALT. What's the practical aplication of salt? Check out what colodial silver, gold, platnom. Water is the most valuabe item. So you have whatever, vs "MY" water. I'll wait 2 days you'll give your right nipple for a gallon. Hence Frack all the false materialistic ideology, and share. Read, communicate, and maybe we all could see the problem for what it is. Greed.

You don't really think anyone here believes that bs, do you?

I bought giold and silver many years ago. Stopped buying it around 2000. Funny thing, it's stamped 5.56,9mm,7.62 NATO, and 300 win mag!!!